According to the CBO's monthly budget review for November 2014, the federal budget deficit was $181 billion for the first two months of the new fiscal year, which is $45 billion less than the same period in FY 2014. However, don't judge the bookkeeping by the numbers.
The Congressional Budget Office (CBO) on Friday released the monthly budget review for November 2014, the second month of the federal government's FY 2015. According to the report, the federal budget deficit was $181 billion for the first two months of the new fiscal year, which is $45 billion less than the deficit for the same period in FY 2014. However, don't judge the bookkeeping by the numbers as the deficit actually rose in November over the same month a year ago. The...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...